Property Overview: 726 Dudley Avenue, Earl Grey, Winnipeg
Section 1: Key Characteristics & Appeal
This one-and-a-half storey home, built in 1948, presents a classic Winnipeg character home in the established Earl Grey neighbourhood. With 1,152 sqft of living space, it offers above-average roominess for its immediate street and sits comfortably within the average range for the wider area. The property sits on a 3,704 sqft lot, which is notably spacious for central Earl Grey, offering good outdoor potential relative to many nearby homes.
The primary appeal lies in its location and its balanced, unpretentious profile. It’s a home that offers more interior space than many on its block and more land than many in the neighbourhood, suggesting a solid value proposition for the area. The basement exists but is noted as not renovated, representing a clear opportunity for future customization or expansion to add significant value.
This property would suit a practical buyer looking for a character home in a prime neighbourhood without paying a premium for modern finishes. It’s ideal for someone who values a larger lot for gardening or outdoor space and sees potential in a home that is livable now but has clear avenues for improvement, such as the basement. It may also appeal to those who appreciate a home with a size and assessed value that are very typical for its area, offering a stable, predictable entry into the community.
Section 2: Frequently Asked Questions
1. How does this home’s size compare to others nearby?
At 1,152 sqft, the living area is larger than the average home on Dudley Avenue and is competitive within the Earl Grey neighbourhood. It provides a comfortable amount of space for a character home of this era.
2. What is the significance of the lot size?
The 3,704 sqft lot is a standout feature. It ranks in the top 23% for Earl Grey, meaning it’s significantly larger than many neighbourhood lots. This is a valuable asset for privacy, outdoor living, or future additions.
3. The assessed value seems low. What does this indicate?
The assessed value of $32,200 is around the average for the area. It reflects the city’s valuation for tax purposes, which often lags behind market value, especially for older homes in desirable neighbourhoods with renovation potential. It should not be confused with a likely selling price.
4. What does “basement, not renovated” imply?
It confirms the lower level is functional but dated. This is a key consideration: it offers usable space immediately but represents both a project and an opportunity to add significant value and customize the home to your needs.
5. The home was built in 1948. What should I consider?
As a post-war build, it may have different construction materials and layouts than earlier character homes. While it requires a thorough inspection for aging systems (like plumbing and wiring), its year is actually newer than many in Earl Grey, which can sometimes mean more modern underlying foundations or design.